“European markets remain cautious... amid fears that equities have risen too far, too fast to justify their current valuations and that US interest rates will rise sooner than expected,” said Rebecca O’Keeffe, head of investment at stockbroker Interactive Investor.

“Investors will be hoping that June’s Fed minutes, released later today, will provide some clarity and reassurance that US Federal Reserve chief Janet Yellen can continue to hold sway over her more hawkish colleagues.” AFP